5372 Garfield Avenue, Sacramento, CA 95841, Sacramento, 95841 - 8 bed, 4 bath
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Sacramento, CA 95841
This Turnkey Residential Income Asset is listed at $1,250,000, positioned near its $1,176,503 Fair Market Value. Boasting a Mint Condition Rating following a comprehensive 2022 high-end renovation, the property features Anlin windows, quartz counters, and marble backsplashes. Located in the desirable San Juan School District, the complex offers immediate cash flow with a 4.7% cap rate and low-maintenance synthetic landscaping. This asset is a premier choice for Buy-and-Hold Investors or Wealth Preservation Investors looking for a stable, high-quality addition to their portfolio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5372 Garfield Avenue Subject | $1,250,000* List Price | 8 | 4 | 3,600 | $327 | - |
A 5555 Keoncrest Circle Active | $899,999 List Price | 8 | 0 | 3,612 | $249 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive high-end renovation in 2022, meeting the criteria for a renovation less than 5 years old. Key updates include modern kitchens with marble backsplashes and stainless steel appliances, fully redone bathrooms with quartz counters and Moen fixtures, a newer roof, and energy-efficient Anlin windows, resulting in mint condition with no immediate maintenance required.
The property underwent a full high-end remodel in 2022, featuring newer roofs, Anlin windows, and premium interior finishes like marble backsplashes and quartz counters, significantly reducing immediate capital expenditure needs.
The grounds are designed for easy upkeep with synthetic grass, river rocks, and drought-tolerant olive and lemon trees, minimizing water costs and ongoing maintenance labor.
With all tenants having recently renewed their leases and a reported high level of satisfaction, the investment offers immediate, reliable cash flow and reduced turnover risk.
The listing requires a joint purchase with the neighboring 4-unit building for a total of $3M, which increases the capital requirement and may exclude investors looking for single-asset acquisitions.
A 4.7% cap rate may be considered modest for the Sacramento market, potentially appealing more to long-term wealth preservation investors than those seeking high-yield aggressive returns.
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 5.0 | 67% |
| Baths | 4.0 | 3.5 | 50% |
| Square foot | 3,600 | 3,109 | 67% |
| Lot Size | 9,614 | 9,148 | 67% |
| Price | $1.25M | $776.2K | 83% |
| Price per sq ft | $347 | $282 | 83% |
| Built year | 1969 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 220 | 17% |
Apr 30, 2026
$1,250,000
Initial Listing
Jul 29, 2022
$817,000
Public Record